Key information about Azerbaijan Monthly Earnings

• Azerbaijan Monthly Earnings stood at 594 USD in Jan 2025, compared with the previous figure of 594 USD in Dec 2024
• Azerbaijan Monthly Earnings data is updated monthly, available from Jan 1995 to Jan 2025, with an average number of 309 USD
• The data reached the an all-time high of 594 USD in Jan 2025 and a record low of 8 USD in Jan 1995

CEIC converts Monthly Earnings into USD. The State Statistical Committee of the Republic of Azerbaijan provides year-to-date Average Monthly Salary in local currency. The Central Bank of the Republic of Azerbaijan average market exchange rate is used for currency conversions.


Further information about Azerbaijan Monthly Earnings

• In the latest reports, Azerbaijan Population reached 10 million people in Dec 2023
• Unemployment Rate of Azerbaijan increased to 6 % in Mar 2023
• The country's Labour Force Participation Rate dropped to 64 % in Dec 2023

Key information about Azerbaijan Household Income per Capita

• Azerbaijan Annual Household Income per Capita reached 4,509.654 USD in Dec 2023, compared with the previous value of 4,017.351 USD in Dec 2022.
• Azerbaijan Annual Household Income per Capita data is updated yearly, available from Dec 2000 to Dec 2023, with an averaged value of 3,131.891 USD.
• The data reached an all-time high of 5,245.929 USD in Dec 2014 and a record low of 557.408 USD in Dec 2000.
• In the latest reports, Retail Sales of Azerbaijan grew 7.980 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from annual Population Income and annual Total Population and converts it into USD. The State Statistical Committee of the Republic of Azerbaijan provides Population Income in local currency and Total Population. The Central Bank of the Republic of Azerbaijan average market exchange rate is used for currency conversions.

Azerbaijan GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 6,660.000 USD in 2023. This records an increase from the previous number of 5,670.000 USD for 2022. Azerbaijan GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 3,310.000 USD from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 7,740.000 USD in 2014 and a record low of 80.000 USD in 1994. Azerbaijan GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Azerbaijan GDP: USD: Adjusted Net National Income per Capita data was reported at 3,489.805 USD in 2020. This records a decrease from the previous number of 3,606.324 USD for 2019. Azerbaijan GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 3,169.078 USD from Dec 1998 (Median) to 2020, with 23 observations. The data reached an all-time high of 6,039.289 USD in 2014 and a record low of 391.571 USD in 2000. Azerbaijan GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Azerbaijan Adjusted Net National Income per Capita: USD: 2015 Price data was reported at 4,460.302 USD in 2015. Azerbaijan Adjusted Net National Income per Capita: USD: 2015 Price data is updated yearly, averaging 4,460.302 USD from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 4,460.302 USD in 2015 and a record low of 4,460.302 USD in 2015. Azerbaijan Adjusted Net National Income per Capita: USD: 2015 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Azerbaijan GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 4,451.274 USD in 2012. This records an increase from the previous number of 4,434.202 USD for 2011. Azerbaijan GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 2,054.802 USD from Dec 1998 (Median) to 2012, with 15 observations. The data reached an all-time high of 4,451.274 USD in 2012 and a record low of 720.375 USD in 1998. Azerbaijan GDP: 2010 Price: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Azerbaijan BoP: Current Account: Primary Income: Compensation of Employees: Debit data was reported at 124.654 USD mn in 2023. This records a decrease from the previous number of 147.140 USD mn for 2022. Azerbaijan BoP: Current Account: Primary Income: Compensation of Employees: Debit data is updated yearly, averaging 124.855 USD mn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 350.248 USD mn in 2015 and a record low of 9.310 USD mn in 1995. Azerbaijan BoP: Current Account: Primary Income: Compensation of Employees: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Azerbaijan – Table AZ.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Lithuania LT: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data was reported at 0.162 USD mn in 2023. This records a decrease from the previous number of 0.242 USD mn for 2022. Lithuania LT: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data is updated yearly, averaging 0.000 USD mn from Dec 2005 (Median) to 2023, with 14 observations. The data reached an all-time high of 0.242 USD mn in 2022 and a record low of -0.177 USD mn in 2021. Lithuania LT: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Lithuania – Table LT.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market and Nominal values. .; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the UIC. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.

Czech Republic CZ: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data was reported at 0.000 USD mn in 2023. This stayed constant from the previous number of 0.000 USD mn for 2022. Czech Republic CZ: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data is updated yearly, averaging 0.000 USD mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 2023. Czech Republic CZ: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Czech Republic – Table CZ.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is not applied in the recording of total inward and outward FDi transactions and positions. Such cases have never been observed. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the direct investor. Resident Special Purpose Entities (SPEs) do not exist or are not significant and are recorded as zero in the FDI database. Valuation method used for listed inward and outward equity positions: Own funds at book value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the UIC. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.

Luxembourg LU: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data was reported at 0.000 USD mn in 2013. This stayed constant from the previous number of 0.000 USD mn for 2012. Luxembourg LU: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data is updated yearly, averaging 0.000 USD mn from Dec 2012 (Median) to 2013, with 2 observations. The data reached an all-time high of 0.000 USD mn in 2013 and a record low of 0.000 USD mn in 2013. Luxembourg LU: Foreign Direct Investment Income: Outward: USD: Total: Azerbaijan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

Lithuania LT: Foreign Direct Investment Income: Inward: USD: Total: Azerbaijan data was reported at -0.108 USD mn in 2023. This records an increase from the previous number of -0.210 USD mn for 2022. Lithuania LT: Foreign Direct Investment Income: Inward: USD: Total: Azerbaijan data is updated yearly, averaging 0.000 USD mn from Dec 2005 (Median) to 2023, with 16 observations. The data reached an all-time high of 1.490 USD mn in 2021 and a record low of -0.210 USD mn in 2022. Lithuania LT: Foreign Direct Investment Income: Inward: USD: Total: Azerbaijan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Lithuania – Table LT.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market and Nominal values. .; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the UIC. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.

Slovakia SK: Foreign Direct Investment Income: Inward: USD: Total: Azerbaijan data was reported at 0.000 USD mn in 2023. This stayed constant from the previous number of 0.000 USD mn for 2022. Slovakia SK: Foreign Direct Investment Income: Inward: USD: Total: Azerbaijan data is updated yearly, averaging 0.000 USD mn from Dec 2014 (Median) to 2023, with 9 observations. The data reached an all-time high of 0.000 USD mn in 2023 and a record low of 0.000 USD mn in 2023. Slovakia SK: Foreign Direct Investment Income: Inward: USD: Total: Azerbaijan data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Slovakia – Table SK.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). Resident Special Purpose Entities (SPEs) do not exist or are not significant and are recorded as zero in the FDI database. Valuation method used for listed inward and outward equity positions: Market value, Own funds at book value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. Non-profit institutions serving households are covered as direct investors. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Unspecified.